REI Lense

REI Lense

Unlock all features! Tap here to upgrade

$3,122 (target)

2356 Country Club Dr, La Place, LA 70068

3 beds • 2 baths • 1659 sqft

Email

This property might be a fair Mid-Term investment with a projected 8.44% first-year return on $69,912 initial cash invested.

8.44%

Cash On Cash

9.38%

Cap Rate

1.47

DSCR

$3,122

Rent

$492

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,122 income − $2,630 expenses = $492 cash flow

Income$3,122Mortgage P&I$1,31642%Property Taxes$1645%Insurance$883%Management$37512%CapEx$1254%Vacancy$943%Maintenance$1254%Other$34311%Cash Flow$492

Investment Breakdown

|

Purchase Price

$247k

Downpayment

20.0%

Interest Rate

7.0%

Mortgage Duration

30yr.

Cash To Invest

Total

$69,912

Downpayment

20%

$49,440

Closing costs

1%

$2,472

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$3,122

Total Expenses

$2,630

Mortgage P&I

42%

$1,316

Property Taxes

5%

$164

Home Insurance

3%

$88

HOA

0%

$0

Property Management

12%

$375

CapEx

4%

$125

Vacancy

3%

$94

Maintenance

4%

$125

Other

11%

$343

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis